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Oct 14, 2012
10/12
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he promised to cut the deficit in half four years. we have had four budgets, four trillion-dollar deficits. a debt crisis is coming. we can't keep spending and borrowing money we don't have. leaders run to problems to fix problems. president obama has not put a credible plan on the table in any of his four years to deal with the debt crisis. i have passed two budgets to deal with it. mitt romney has put five years on the table. we have to tack thel debt crisis before it tackles us. the president likes to say he has a plan. he gave a speech. we asked the budget office, can we see the plan? he gave us a copy of the speech. we asked the cbo, tell us about the budget. they said, it's a speech. we can't estimate speeches. you see? that's what we get in the administration, speeches. we are not getting leadership. mitt romney is uniquely qualified to fix these problems. his lifetime of experience, his proven track record of bipartisanship. and what do we have from the president? he broke the big promise to bring people together to solve the
he promised to cut the deficit in half four years. we have had four budgets, four trillion-dollar deficits. a debt crisis is coming. we can't keep spending and borrowing money we don't have. leaders run to problems to fix problems. president obama has not put a credible plan on the table in any of his four years to deal with the debt crisis. i have passed two budgets to deal with it. mitt romney has put five years on the table. we have to tack thel debt crisis before it tackles us. the...
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Oct 12, 2012
10/12
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CSPAN
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we would still have a $300 billion deficit. there are not enough rich people to tax to pay for all of their spending. watch out, middle-class, the tax issues are coming to you. host: joseph is in our jacksonville, florida line, in support of president obama. caller: good morning. i enjoyed the debate. several things caught my eye with vice president biden's. he did a lot of laughing and smirking. some of it was called for and some was not. going back to last week, watching romney tell those untruths, i believe he had to do some of that because the only thing paul ryan was doing was complementing what romney was doing, which was lying. so i believe biden had to interrupt because there were times when things ryan was saying did not make any sense. the 47%, they cannot clarify the that this really has hurt a lot of people by what they have said and they cannot live up to that. then president obama gets in office the first day and the republicans say we will do everything we can to make sure you are one-term president. how can you
we would still have a $300 billion deficit. there are not enough rich people to tax to pay for all of their spending. watch out, middle-class, the tax issues are coming to you. host: joseph is in our jacksonville, florida line, in support of president obama. caller: good morning. i enjoyed the debate. several things caught my eye with vice president biden's. he did a lot of laughing and smirking. some of it was called for and some was not. going back to last week, watching romney tell those...
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Oct 12, 2012
10/12
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get the deficit and debt under control to prevent a debt crisis. make trade in america and sell things overseas and champion small businesses. don't raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney's a car guy. they keep misquoting hip. let me tell but the mitt romney i know. this is a guy who i was talking to a family in north borough, massachusetts, sherylin mark-nixon. their kids were hit in a car crash, four of them. two of them were paralyzed. the romneys didn't know them. they never met. mitt asked to come over for christmas. he brought his boys, his wife and gifts. later on, he said, i know you are struggling, mark, don't worry about their college, i will pay for it. when mark told me this story -- mitt romney doesn't tell these stories. the nixons told me this story. when he told me the story, it wasn't the cash help, it's that he gave his time and he has consistently. this is a man who gave 30% of his income to charity, more than the two of us combined. mitt romney's good man. he cares
get the deficit and debt under control to prevent a debt crisis. make trade in america and sell things overseas and champion small businesses. don't raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney's a car guy. they keep misquoting hip. let me tell but the mitt romney i know. this is a guy who i was talking to a family in north borough, massachusetts, sherylin mark-nixon. their kids were hit in a car crash, four of them. two of them were...
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Oct 12, 2012
10/12
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CNN
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we want to have big bipartisan agreements. see, i understand -- >> do you have the specifics, do you have the -- >> that would be the first in a republican congress. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you...
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Oct 12, 2012
10/12
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is born by the high income earners. keep saying this $5 trillion plan, i suppose, it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this 20%. you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we actually want to have big bipartisan agreements. you see, i understand -- >> do you have the specifics? do you have the -- know exactly what you're doing? >> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopho
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income that is born by the high income earners. keep saying this $5 trillion plan, i suppose, it's been discredited by six other studies and even their own deputy campaign manager acknowledged that it wasn't correct. >> let's talk about this 20%. you have refused, and, again, to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you...
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Oct 12, 2012
10/12
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CNNW
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don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you won't tell voters? >> different than this administration, we want to have big bipartisan agreements. see, i understand -- >> do you have the specifics, do you have the -- >> that would be the first in a republican congress. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're sayg is s >>et to lower tax rates across th
don't raise the deficit. don't raise taxes on the middle class. and don't lower the share of income born by the high income earners. he'll keep saying this $5 trillion plan. it's been discredited by six other studies and their own deputy campaign manager acknowledged it wasn't correct. >> let's talk about this 20%. you have refused to offer specifics on how you pay for that 20% across the board tax cut. do you actually have the specifics or are you still working on it and that's why you...
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Oct 12, 2012
10/12
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FBC
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get deficit and debt under control. make trade work for america to make more things in america and sell them overseas and champion small businesses. don't raise taxes on small businesses because they are the job creators. he talked about detroit. mitt romney's a car guy. they keep misquoting him. the mitt romney i know is a guy who i was talking to a family in massachusetts the other day, sheryl and mark nixson. their kids hit in a car crash, two of them parollized. mitt wanted to come over on christmas bringing his boys, his wife, and gifts. later on he said i know you're struggling, mark, don't worry about college. i'll pay for it. when mark told me the story because mitt doesn't tell the stories. when i was told the story, he said it was not the cash help, but that he gave his time and he has consistently. this is a map who gave 30% of the income to charity, more than the two of us combined. mitt romney's a good man and cares about 100% of americans in the country. with respect to that quote, i think the vice preside
get deficit and debt under control. make trade work for america to make more things in america and sell them overseas and champion small businesses. don't raise taxes on small businesses because they are the job creators. he talked about detroit. mitt romney's a car guy. they keep misquoting him. the mitt romney i know is a guy who i was talking to a family in massachusetts the other day, sheryl and mark nixson. their kids hit in a car crash, two of them parollized. mitt wanted to come over on...
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Oct 12, 2012
10/12
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CNNW
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get the deficit under control to avoid a debt crisis. make trade work for america so we can make more things in america. and sell them overseas and champion small businesses. don't raise taxes on small businesses because they're the job creators. he talks about detroit. mitt romney is a car guy. they keep misquoting him. but let me tell you about the mitt romney i know. this is a guy two i was talking to a family in massachusetts the other day. cheryl and mark nixon. their kids were hit in a car crash, four of them, two of them, rob and reed, were paralyzed. the romneys didn't know them. they went the same church, they never met before. mitt asked if he would come over for christmas. he brought his wife and boys and gifts and later said, i know you're struggling, mark. don't worry about their college, i'll pay for it. when mark told me this story, he -- because you know what, mitt romney doesn't tell these stories. he said it wasn't the cash help. it's that he gafe his time and he has consist enltly. this is a man who gave 30% of his inc
get the deficit under control to avoid a debt crisis. make trade work for america so we can make more things in america. and sell them overseas and champion small businesses. don't raise taxes on small businesses because they're the job creators. he talks about detroit. mitt romney is a car guy. they keep misquoting him. but let me tell you about the mitt romney i know. this is a guy two i was talking to a family in massachusetts the other day. cheryl and mark nixon. their kids were hit in a...
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Oct 11, 2012
10/12
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CNBC
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> welcome back to "the kudlow report. "i'm larry kudlow. in this half hour would somebody tell me why barack obama took the past week taking the bait and running against big bird and "sesame street" while his polls it be to plunge? this segment will be brought to you by the letter "o" and the number zero. also on this half house, the one-night showdown between joe biden and paul ryan, we go exclusively inside how ryan prepped for the big night, and what are the main goals for romney and ryan's camp? what are they, and what do they want to say? let's go to robert costa from the national review online danville, cnbc contributor. the debate sunday way. bob costa as you talked to the romney/ryan people today, what phrases jump out? what do you think he wants to get across in at least a minimal way? >> they want to defend mitt romney's positions. they want to go after the obama economic record and reach out to
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> welcome back to "the kudlow report. "i'm larry kudlow. in this half hour would somebody tell me why barack obama took the past week taking the bait and running against big bird and "sesame street" while his polls it be to plunge? this segment will be brought to you by the letter...
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Oct 11, 2012
10/12
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FBC
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this president prom -- demagogues against a $400 billion deficit now we have over a trillion. he was very negative on the debt put on over the previous 8 years, now we put on 6 trillion. i mean, you know we have not seen the policies that were promised. i think that issue is we want to make sure as a business community whoever is in the white house, that the promises are met, and we have an environment that is once against friendly to american job creation. neil: steve thank you very much. this is up the ante for tomorrow night, fox business will continue to cover the crucial debates, tomorrow. vice president one in milwaukee. joining us tomorrow is sarah palin, many, many more. and that fiscal cliff, more like a bunny slope. "new york times" and saying, ronald reagan a former budget chief said, that is wrong. you should be worried if the times says that is right, david stockton here, and only here. but first the irish calling for another round, not of beer, of oil, more drilling, how ireland is drilling us under the table. if you think we're close to following, you better dri
this president prom -- demagogues against a $400 billion deficit now we have over a trillion. he was very negative on the debt put on over the previous 8 years, now we put on 6 trillion. i mean, you know we have not seen the policies that were promised. i think that issue is we want to make sure as a business community whoever is in the white house, that the promises are met, and we have an environment that is once against friendly to american job creation. neil: steve thank you very much. this...
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Oct 11, 2012
10/12
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FBC
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and we' telling washington, you are running a trillion deficit for a fourth year in a row. you can borrow money almost for nothing, why not wait another year or two, who wants to take the fall? who wants to take the politic heat if you can borrow money from 70 basis pois for 5 years, that is what they are doing now. neil: building another bubble? >> a debt bubble. neil: bursthen a depression. >> i don't know, we've never been there before, we never had a tral bank tha -- central bankt printed this much money. neil: you don't think it can walk back the graveya much longer. >> i don't tnk so. neil: okay, if you have a lead suit, you buy it. david stock man, ronald reagan budget director. makes you think, you know we don't off don't this, we don't go long with a lot of guests, some we make an extension for, mr. stock man is among them, either agree or disagree, he makes you think. >> thank you. neil: we have a lot more after this, including with the spark miles card from capital one, thor's couture gets the most rewards of any small business credit card. your boa! [ garth ] th
and we' telling washington, you are running a trillion deficit for a fourth year in a row. you can borrow money almost for nothing, why not wait another year or two, who wants to take the fall? who wants to take the politic heat if you can borrow money from 70 basis pois for 5 years, that is what they are doing now. neil: building another bubble? >> a debt bubble. neil: bursthen a depression. >> i don't know, we've never been there before, we never had a tral bank tha -- central...
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1.0K
Oct 12, 2012
10/12
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WUSA
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my-- the idea that they're so concerned about these deficits. as i pointed out, he voted to put two wars on a credit card. he did. >> we're going to the closing statements. >> just a second. >> you're going to have your closing statement. >> not raising taxes is not cutting taxes. by the way our budget. >> we have not raised taxes. >> 3% a year instead of $4.5%. >> not spend-- >> let me-- i want to talk to you very briefly before we go to closing statements about your own personal character. if you are elected, what could you both give to this country as a man, as a human being, that no one else could? >> honesty. no one else could? there are plenty of fine people who could lead this country. but what you need are people who when they say they're going to do something, they go do it. what you need are when people see problems, they offer solutions to fix those problems. we're not getting that. look, we can grow this economy faster. that's what our five-point plan for a stronger middle class is about. 12 million jobs, higher take home pay, gettin
my-- the idea that they're so concerned about these deficits. as i pointed out, he voted to put two wars on a credit card. he did. >> we're going to the closing statements. >> just a second. >> you're going to have your closing statement. >> not raising taxes is not cutting taxes. by the way our budget. >> we have not raised taxes. >> 3% a year instead of $4.5%. >> not spend-- >> let me-- i want to talk to you very briefly before we go to closing...
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Oct 12, 2012
10/12
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CSPAN2
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eye 168
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get this debt and deficit under control to prevent a debt crisis. make trade work in america so we can sell them overseas and champion small businesses. don't raise taxes on small businesses because they're our job creators. he talks about detroit. mitt romney's a car guy. they keep misquoting him, but let me tell you about the mitt romney i know. this is a guy who i was talking to a family in northboro, massachusetts, the other day. cheryl and mark nixon. their kids were hit in a car crash, four of them. two of them, rob and reid, were paralyzed. the romneys didn't know them. they went to the same church, they never met before. mitt asked if he could come over on christmas. he brought his boys, his wife and gifts. later on he said i know you're struggling, mark, don't worry about their college, i'll pay for it. when mark told me this story -- because, you know what? mitt romney doesn't tell this stories. the nixons told this story. when he told me this story, he said it wasn't the help, the cash help, it's that he gave his time, and he has consiste
get this debt and deficit under control to prevent a debt crisis. make trade work in america so we can sell them overseas and champion small businesses. don't raise taxes on small businesses because they're our job creators. he talks about detroit. mitt romney's a car guy. they keep misquoting him, but let me tell you about the mitt romney i know. this is a guy who i was talking to a family in northboro, massachusetts, the other day. cheryl and mark nixon. their kids were hit in a car crash,...
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Oct 11, 2012
10/12
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CNN
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increased spending to increase the the deficit. >> while you watch the debate tonight, get instant reaction debates live blog. just rolls off the tongue, doesn't it? we'll be right back. >>> in 1994 when george bush sr. was in a debateferaro, he appeared to be patronizing toward her. >> let me help you with the difference between iran and the embassy in lebanon. >> and she answered right on the button. >> let me just say first of all that i almost recent your patronizing attitude that you have to teach me about foreign policy. >> that moment, i think, solid fie e fieded the idea that a woman had the right to be there as a vice presidential candidate. all energy development comes with some risk, but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas...
increased spending to increase the the deficit. >> while you watch the debate tonight, get instant reaction debates live blog. just rolls off the tongue, doesn't it? we'll be right back. >>> in 1994 when george bush sr. was in a debateferaro, he appeared to be patronizing toward her. >> let me help you with the difference between iran and the embassy in lebanon. >> and she answered right on the button. >> let me just say first of all that i almost recent your...
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Oct 12, 2012
10/12
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MSNBC
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>> here's paul ryan criticizing the stimulus package, how terrible it was, deepening the deficit. then he makes personal requests for his own congressional district. that's a matter of record. i don't think paul ryan looked very good at the end of the day. he believed that stimulus plan was going to create jobs. that's exactly what it did. >> senator, this is ed. i don't know if pressure is the right word or not, but joe biden went in to this debate tonight. he had to accomplish something that maybe wasn't done in last week's debate. you being a veteran of the senate, i know you've known joe for a long time. was there any doubt in your mind that he was going to come out and clear the plate tonight for the middle class? >> no, there wasn't. i didn't want to trump it ahead of time and say it's going to be a great debate for joe biden. you play down a little bit or don't get carried away. i knew when he gave him this assignment and said, joe, you're going to carry this flag into battle, he couldn't wait to get prepared for it. he did great. what's interesting, the republicans around
>> here's paul ryan criticizing the stimulus package, how terrible it was, deepening the deficit. then he makes personal requests for his own congressional district. that's a matter of record. i don't think paul ryan looked very good at the end of the day. he believed that stimulus plan was going to create jobs. that's exactly what it did. >> senator, this is ed. i don't know if pressure is the right word or not, but joe biden went in to this debate tonight. he had to accomplish...
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Oct 10, 2012
10/12
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CSPAN2
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deficit exceeding 11% of its gdp. now we and the royal of reducing the deficit. the very important issue is about the capacity of the government to get to the 6% public sector deficits. as the greek of skepticism in the markets, the capacity of the government. the government is confident that we can get to this figure. if they work to get their it will be very important positive message from market. spain is able to comply with the objectives of production in private sector deficit. next year for a half percent. going into less than 3% the year after. is that going to be easy because when you have the economy in a recessionary environment it's very difficult to increase revenues and is very difficult to reduce the expenses because a lot of expenses are linked with the macroeconomics situation. in terms of the financial sector we had to address a problem of real-estate -- real funding, the capacity and corporate governance and transparency. most of this issue is linked with the saving banks because by definition this saving banks were operating with real-estate th
deficit exceeding 11% of its gdp. now we and the royal of reducing the deficit. the very important issue is about the capacity of the government to get to the 6% public sector deficits. as the greek of skepticism in the markets, the capacity of the government. the government is confident that we can get to this figure. if they work to get their it will be very important positive message from market. spain is able to comply with the objectives of production in private sector deficit. next year...
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the deficit then was nearly as big and that deficit was almost erased. how did roosevelt do that? created social security and levied heavier taxes, programs for housing and agriculture, put new controls over banks, public utilities and created enormous work relief programs for the unemployed. sounds similar to the president's proposals today, but unlike the last four years fdr saw the unemployment drop, millions of jobs created, gdp jumped, the deficit shrank and the middle class saw a huge expansion that lasted for decades, a building of the middle class that's the envy of the world or used to be. peter, peter morici, can this feat of rebuilding the middle class and reducing the deficit, can that happen again? >> absolutely, but we have to remember that roosevelt inherited a very small government, so expanding it wasn't the rock on the back of the private sector. a more comparable situation was reag reagan's dilemma, inherited an economy with double digit inflation and interest rates and unemployment that peaked at 10.8%, not 10 as mr. obama's did, but hy he took his stimulus in
the deficit then was nearly as big and that deficit was almost erased. how did roosevelt do that? created social security and levied heavier taxes, programs for housing and agriculture, put new controls over banks, public utilities and created enormous work relief programs for the unemployed. sounds similar to the president's proposals today, but unlike the last four years fdr saw the unemployment drop, millions of jobs created, gdp jumped, the deficit shrank and the middle class saw a huge...
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Oct 12, 2012
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federal deficit topped $1 trillion for the fourth year in a row. the numbers $1.1 trillion in red for fiscal year 2012 which just ended. that is $207 billion less than the previous year. government spending fell 1.7%. tax revenue rose 6.4%. higher gasoline costs drove wholesale prices up. dow broke two-day losing streak. >> disseption in ranks of the "new york times" over the libya story later in the grapevine. up next, the still unreleased video of the benghazi attack. what does it show? [ male ann] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car replacement. if your car is totaled, we give you the money to buy one a model year newer. c
federal deficit topped $1 trillion for the fourth year in a row. the numbers $1.1 trillion in red for fiscal year 2012 which just ended. that is $207 billion less than the previous year. government spending fell 1.7%. tax revenue rose 6.4%. higher gasoline costs drove wholesale prices up. dow broke two-day losing streak. >> disseption in ranks of the "new york times" over the libya story later in the grapevine. up next, the still unreleased video of the benghazi attack. what...
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Oct 14, 2012
10/12
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CSPAN
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they talk to robin nation's debt and deficit. let's hear what mitt romney had to say. [video clip] >> the approach is similar to bowles-simpson. bowles-simpson said to lower the rate to make it possible for small businesses to grow, but we will also limit exemptions. they put up different alternatives. i am open to the ideas they put out in bowles-simpson, that kind of approach. host: mitt romney open to bowles-simpson. guest: anytime you have a blue ribbon commission, especially if it is dealing with massive rearrangement of how the government spends money, it will be a tricky sort of thing for a politician before an election. host: is it a dangerous issue when trying to garner tea party support? guest: i think it is savvy on his part. the bowles-simpson commission was a blue panel. president obama called together. they came up with a lot of hard decisions nobody liked. then he dismissed it and went on his way. i think it could be tricky. i think it is savvy in one respect. mitt romney is running on the idea he will make tough decisions, that he is not going to skip o
they talk to robin nation's debt and deficit. let's hear what mitt romney had to say. [video clip] >> the approach is similar to bowles-simpson. bowles-simpson said to lower the rate to make it possible for small businesses to grow, but we will also limit exemptions. they put up different alternatives. i am open to the ideas they put out in bowles-simpson, that kind of approach. host: mitt romney open to bowles-simpson. guest: anytime you have a blue ribbon commission, especially if it is...
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Oct 6, 2012
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. >>> coming up, new polls out today show mitt romney with a double-digit deficit in his running mate's home state. we will give you the latest spread on that. >>> but first, which president obama is preparing to emerge at the next debate? we'll talk to his campaign's vice chairwoman, next. this is msnbc. ♪ most paints have color that sits on the surface. but nothing beats benjamin moore's color lock technology that locks color right in, no matter how often you wash it. color lock technology. exclusively from your benjamin moore retailer. find your perfect color with a buy one, get one pint offer. visit benjaminmoore.com/promo. >>> well, mitt romney is not backing off of his attacks of president obama's economic policies, no matter what the latest jobs report says. he told a florida crowd last night that the president is out of ideas and says wednesday's debate proved that. >> he got a chance to explain his jobs program. how he's going to create new jobs in america. did you hear what he had to say? i didn't either. i kept looking for a specific plan as to what he was going to do to cr
. >>> coming up, new polls out today show mitt romney with a double-digit deficit in his running mate's home state. we will give you the latest spread on that. >>> but first, which president obama is preparing to emerge at the next debate? we'll talk to his campaign's vice chairwoman, next. this is msnbc. ♪ most paints have color that sits on the surface. but nothing beats benjamin moore's color lock technology that locks color right in, no matter how often you wash it....